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What’s Up with Exploding Ocean Container Shipping Costs

Supply Chain Matters

Supply Chain Matters highlights for readers indications that ocean container shipping spot rates involving routings from China and Asian ports to the U.S. The May report indicated that the Transportation Price index increased 13.7 The key drivers are noted as ship and empty container shortages. are exploding.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Global Shipping. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

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Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face?

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. The container crisis affects all companies that need to ship goods. KEY POINTS.

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. surcharge on shipments to domestic packages shipped to remote ZIP codes. 15 press release.

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Tight container market creating capacity issues for shippers

Turvo

What’s in this article : A crisis that is affecting the world economy – record-high shipping rates. A problem also linked to shipping companies. Record-high shipping rates are affecting the world economy. The global transportation system in 2021 is experiencing a unique and unexpected crisis.

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How General Average Could Ruin Your Ocean Cargo Deliveries

CH Robinson Transportfolio

How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. Ship owners have a lien on the ship’s cargo.

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